Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
base info PROXI

PROXI to Saudi Riyal Converter and calculator

Convert 1PROXI (CREDIT) to Saudi Riyal (SAR) equals ر.س 0.01342 | Bitget
CREDIT
CREDIT
swap
SAR
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of PROXI(CREDIT) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 CREDIT at a value of 1 CREDIT for 0.01 SAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

SAR information

About Saudi Riyal (SAR)

The Saudi Riyal (SAR), introduced in 1925, is not just the official currency of Saudi Arabia; it is a symbol of the nation's economic prosperity and cultural heritage. It is commonly abbreviated as SAR and represented by the symbol ر.س. Emerging alongside the founding of Saudi Arabia, the Riyal reflects the country's transformation from a desert kingdom to a global oil powerhouse.

Historical Background

The establishment of the Saudi Riyal was a key step in consolidating the economic foundations of the newly formed Kingdom of Saudi Arabia. Replacing the Hejaz Riyal and other regional currencies, the Saudi Riyal marked the unification of the Kingdom's monetary system, mirroring its political consolidation under King Abdulaziz Al Saud.

Design and Symbolism

The design of the Saudi Riyal combines elements of Saudi Arabia's rich history and Islamic heritage. Banknotes and coins feature intricate Islamic art, images of the King, and landmarks such as the Kaaba in Mecca and the Kingdom Centre in Riyadh. These designs do more than facilitate transactions; they are a celebration of Saudi identity and pride.

Economic Role

The Riyal is central to Saudi Arabia’s economy, underpinned by the country's vast oil reserves. As the medium of exchange, it supports the oil sector, which dominates the economy, and facilitates other key sectors like construction, finance, and tourism. The Riyal’s stability is crucial for the country's economic health and its role in global energy markets.

Monetary Policy and Stability

Managed by the Saudi Arabian Monetary Authority (SAMA), the Riyal is pegged to the US Dollar, reflecting the longstanding economic relationship between Saudi Arabia and the United States, particularly in the oil sector. This peg provides stability to the Riyal, but it also ties its fortunes to the fluctuations of the US economy and dollar.

International Trade and the Saudi Riyal

In international trade, the stability of the Riyal, especially given its peg to the US Dollar, is crucial for Saudi Arabia's oil exports. A stable Riyal is vital for maintaining competitive oil prices in global markets and for the country's extensive import needs.

Remittances and Economic Impact

Remittances from expatriates working in Saudi Arabia, particularly in the oil, construction, and service sectors, are significant. While these remittances involve substantial outflows of Riyals, they also reflect the country's role as a major employer in the region.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular PROXI currency pair is the CREDIT to SAR, with for PROXI's currency code being CREDIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

CREDIT to SAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, PROXI has changed -5.08% to SAR. Based on the trend and price charts, PROXI(CREDIT) has changed -5.08% to SAR while Saudi Riyal(SAR) has changed % to CREDIT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.01342
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
ر.س0.01335
0.1000% / 0.1000%
Yes
Last updated 2024/07/11 11:00:13(UTC+0)

How to buy PROXI

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy PROXI (CREDIT)
Use a variety of payment options to buy PROXI on Bitget. We'll show you how.

Buy CREDIT (or USDT) for SAR (Saudi Riyal) offers

Bitget P2P trading does not currently support direct buying of CREDIT with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy CREDIT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
A
AwaisAslamVerified Merchant
58 tradesCompletion rate 97.00%
4.22 SAR
Amount321.43 USDT
Limit80 - 1500 SAR
STC PAY
Buy
A
Abu HumzaVerified Merchant
65 tradesCompletion rate 98.00%
4.23 SAR
Amount104.05 USDT
Limit50 - 2576 SAR
STC PAY
Buy
U
Usman official .Verified Merchant
275 tradesCompletion rate 93.00%
4.23 SAR
Amount142.75 USDT
Limit39 - 882 SAR
STC PAYAl Rajhi BankUrpay
Buy
R
ROYAL-TRAD Verified Merchant
132 tradesCompletion rate 99.00%
4.23 SAR
Amount291.84 USDT
Limit100 - 1000 SAR
Saudi National Bank (AlAhli Bank)The Saudi British Bank (SABB)Urpay
Buy
S
Stc24Verified Merchant
53 tradesCompletion rate 98.00%
4.25 SAR
Amount314.56 USDT
Limit100 - 1000 SAR
STC PAYUrpay
Buy

Sell CREDIT (or USDT) for SAR (Saudi Riyal) offers

Bitget P2P trading currently does not support direct selling of CREDIT to SAR. However, you can first exchange CREDIT for USDT in the Bitget spot market, and then sell USDT to SAR in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
m
mdrajaulVerified Merchant
0 tradesCompletion rate 0.00%
4.1 SAR
Amount1500 USDT
Limit5000 - 5000 SAR
Saudi National Bank (AlAhli Bank)Al Rajhi BankAlinma BankThe Saudi British Bank (SABB)Riyad BankBank Albilad
Sell
S
Successful TraderVerified Merchant
32 tradesCompletion rate 97.00%
4 SAR
Amount25 USDT
Limit100 - 100 SAR
STC PAY
Sell
U
Usman official .Verified Merchant
275 tradesCompletion rate 93.00%
3.96 SAR
Amount108.66 USDT
Limit39 - 1000 SAR
STC PAYUrpay
Sell
a
abushahadVerified Merchant
40 tradesCompletion rate 100.00%
3.95 SAR
Amount144.4 USDT
Limit300 - 600 SAR
Riyad BankUrpay
Sell
B
BGUSER-KC722VBEVerified Merchant
147 tradesCompletion rate 99.00%
3.91 SAR
Amount102.59 USDT
Limit39 - 441.83 SAR
STC PAYAl Rajhi BankAlinma BankUrpay
Sell

What factors influence the conversion rate of PROXI to Saudi Riyal?

PROXI to Saudi Riyal is rising this week.
PROXI's current market price is ر.س 0.01342 per CREDIT, with a total market cap of ر.س 0 SAR based on a circulating supply of -- CREDIT. The trading volume of PROXI has changed by -7.63% (ر.س -5,406.69 SAR) in the last 24 hours. Last trading day, CREDIT's trading volume was ر.س 70,817.37.
Market cap
$0
24h volume
$17.44K
Circulating supply
0 CREDIT

Conversion tables

The exchange rate of PROXI is decreasing.
1 CREDIT is currently valued at ر.س 0.01342 SAR , which means buying 5 CREDIT will cost ر.س 0.06708 SAR . Similarly, ر.س1 SAR can be traded for 74.54 CREDIT, and ر.س50 SAR can be converted to 3,726.78 CREDIT, excluding any platform or gas fees.
The exchange rate of 1 CREDIT to Saudi Riyal has changed by +2.56% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.08%, reaching a high of 0.01421 SAR and a low of 0.01285 SAR . One month ago, the value of 1 CREDIT was ر.س 0.01565 SAR , which represents a -14.68% change from its current value. Over the last year, PROXI has changed by
-ر.س
0.002483SAR
, resulting in a change of -16.07% in its value.

CREDIT to SAR

Amount
11:43 am today
0.5 CREDIT
ر.س0.006708
1 CREDIT
ر.س0.01342
5 CREDIT
ر.س0.06708
10 CREDIT
ر.س0.1342
50 CREDIT
ر.س0.6708
100 CREDIT
ر.س1.34
500 CREDIT
ر.س6.71
1000 CREDIT
ر.س13.42

SAR to CREDIT

Amount11:43 am today
0.5SAR37.27  CREDIT
1SAR74.54  CREDIT
5SAR372.68  CREDIT
10SAR745.36  CREDIT
50SAR3,726.78  CREDIT
100SAR7,453.56  CREDIT
500SAR37,267.8  CREDIT
1000SAR74,535.6  CREDIT
Buy PROXI for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy PROXI now

Today vs. 24 hours ago

Amount11:43 am today24 hours ago24h change
0.5 CREDIT$0.001789$0.001881
-5.08%
1 CREDIT$0.003577$0.003762
-5.08%
5 CREDIT$0.01789$0.01881
-5.08%
10 CREDIT$0.03577$0.03762
-5.08%
50 CREDIT$0.1789$0.1881
-5.08%
100 CREDIT$0.3577$0.3762
-5.08%
500 CREDIT$1.79$1.88
-5.08%
1000 CREDIT$3.58$3.76
-5.08%

Today vs. 1 month ago

Amount11:43 am today1 month ago1M change
0.5 CREDIT$0.001789$0.002086
-14.68%
1 CREDIT$0.003577$0.004172
-14.68%
5 CREDIT$0.01789$0.02086
-14.68%
10 CREDIT$0.03577$0.04172
-14.68%
50 CREDIT$0.1789$0.2086
-14.68%
100 CREDIT$0.3577$0.4172
-14.68%
500 CREDIT$1.79$2.09
-14.68%
1000 CREDIT$3.58$4.17
-14.68%
Buy PROXI for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy PROXI now

Today vs. 1 year ago

Amount11:43 am today1 year ago1Y change
0.5 CREDIT$0.001789$0.002120
-16.07%
1 CREDIT$0.003577$0.004239
-16.07%
5 CREDIT$0.01789$0.02120
-16.07%
10 CREDIT$0.03577$0.04239
-16.07%
50 CREDIT$0.1789$0.2120
-16.07%
100 CREDIT$0.3577$0.4239
-16.07%
500 CREDIT$1.79$2.12
-16.07%
1000 CREDIT$3.58$4.24
-16.07%

PROXI price prediction

What will the price of CREDIT be in 2025?

Based on CREDIT's historical price performance prediction model, the price of CREDIT is projected to reach $0.005065 in 2025.

What will the price of CREDIT be in 2030?

In 2030, the CREDIT price is expected to change by -4.00%. By the end of 2030, the CREDIT price is projected to reach $0.01037, with a cumulative ROI of +189.78%.
Buy PROXI for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy PROXI now

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action
Buy PROXI for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy PROXI now
Buy PROXI for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy PROXI now

Latest coin listings on Bitget

New listings

FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between PROXI and SAR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as PROXI and SAR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of PROXI in SAR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy PROXI for 1 SAR

A welcome pack worth 1000 USDT for new Bitgetters!

Buy PROXI now
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.